Jaguar has unveiled its first new model in eight years, a £130,000 electric car, as the British marque undergoes a significant transformation. The new vehicle signifies Jaguar’s commitment to becoming a fully electric, luxury brand. The company specifically intends to attract a younger demographic with this all-electric lineup. This launch represents a substantial reboot for Jaguar, moving away from traditional combustion engines. The shift aims to reposition Jaguar in the competitive luxury car market. This new model is the first step in a broader strategy to revitalize the brand through innovation and sustainability. Further details about the vehicle's specifications and release date were not immediately available.